(Chapter 16)
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| Letsdobusiness.com is trying to establish a budgeted quantity of material purchases for the coming quarter. Opening inventory of material will be 30,000 kg, and closing inventory is budgeted to be 50,000 kg. There are no budgeted changes in finished goods inventory. Letsdobusiness.com produces two products, the IT2001 and the NET1, for which the following data is available.  How many kgs of raw material should be purchased? A 520,000 B 620,000 C 670,000 D 680,000 |